Even if they never contributed another dime to their nest egg, their $273,000 could top $1 million in 15 years, earning a 10% average annual return.
The Reddit poster’s $273K could grow to about $1.14 million in 15 years, demonstrating the power of compound growth over time.
With $273K earning a 10% return, at the end of year one, the money would have grown to $300,300, showcasing how quickly investments can appreciate.
Compound interest is really powerful and it is a crucial reason to invest early and often, especially when starting with a significant amount.
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